Reseller and Professional Services Agreement Improves Security and
Compliance for Customers Worldwide
VIENNA, VA., October 1 /CNW/ - Cloakware Inc., the security solutions
provider that makes security inseparable from software, today announced that
it has partnered with Wipro Technologies, the global IT services business of
Wipro Limited (NYSE: WIT) to provide Cloakware's Server Password Manager
(CSPM) and all support services to customers worldwide. Wipro Technologies is
a leading global IT services provider that offers end-to-end security
solutions that streamline security technologies and management processes to
mitigate the security risks associated with enterprises.
As a result of this partnership, Cloakware increases its global presence
while Wipro Technologies bolsters its established portfolio of end-to-end
security solutions. Wipro Technologies' customers span multiple markets,
ranging from financial services to retail, energy and utilities. CSPM,
Cloakware's proven Shared Account Password Management (SAPM) solution, will
enable these organizations to protect and manage the thousands of credentials
that lie within their data centers. CSPM is the first commercial-off-the-shelf
(COTS) product to eliminate risks associated with unmanaged privileged
passwords, and passwords which are hard-coded into applications. By
automatically updating these privileged and application-to-application (A2A)
passwords, CSPM eliminates downtime, improves efficiency and helps
organizations comply with stringent regulatory requirements.
According to Gartner, "Enterprises must eliminate shared passwords for
shared accounts and should consider using an SAPM tool to minimize risks and
improve individual accountability." The Gartner report continues, "Passwords
for shared accounts with super user privileges or other high-level access
rights are often shared by multiple users or are managed using fragile manual
processes. Risks stem from passwords becoming known to others and from the
lack of individual accountability. SAPM tools enable effective and efficient
password management for shared accounts, without the need for passwords to be
shared among staff members who are sanctioned to use those accounts."(1)
"Wipro Technologies is committed to continually providing its customers
with the best security solutions the market has to offer," said Prasenjit
Saha, Vice President, Enterprise Security Solutions Practice, Wipro
Technologies. "We have identified CSPM as one of the leading products that
help manage privileged passwords. CSPM and the benefits of automated password
management will enable our customers to stay one step ahead of this emerging
threat that lurks in every organization while eliminating potential issues
before they arise."
With CSPM, customers gain access to the benefits of automated password
management, to include improved quality of service and performance,
streamlined data center operations and cost savings. Organizations
implementing CSPM can take control of their privileged passwords, put identity
management and authentication strategies in place, and satisfy the latest
regulatory requirements such as Sarbanes Oxley (SOX), Payment Card Industry
(PCI) and Health Insurance Portability and Accountability Act (HIPAA).
"Password protection is of high priority to any organization to safeguard
its information from potential security threats," said David Canellos,
Cloakware's acting president. "The CSPM solution and associated support
services will enable Wipro Technologies to provide its customers with a proven
solution to protect critical data through the ability to automatically manage
privileged and application-to-application passwords."
About Wipro
Wipro provides comprehensive IT solutions and services, including systems
integration, information systems outsourcing, package implementation, software
application development and maintenance, and research and development services
to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM
Level 5 certified IT Services company globally. Wipro's Global IT Services
business was recently assessed at Level 5 for CMMI V 1.2 across Offshore and
Onsite development centers. In the Indian market, Wipro is a leader in
providing IT solutions and services for the corporate segment in India
offering system integration, network integration, software solutions and IT
services. Wipro also has a profitable presence in niche market segments of
infrastructure engineering, and consumer products &amp; lighting. In the Asia
Pacific and Middle East markets, Wipro provides IT solutions and services for
global corporations. Wipro's ADSs are listed on the New York Stock Exchange,
and our equity shares are listed in India on the Stock Exchange - Mumbai, and
the National Stock Exchange. For more information, please visit our websites
at www.wipro.com, www.wiprocorporate.com and www.wipro.in.
About Cloakware
Cloakware is the security solutions provider that makes security
inseparable from the software it protects. From applications and databases
deep inside corporations, to consumer devices like music players, to military
weapon systems, more and more software applications need to protect themselves
from unauthorized user access and tampering. Only Cloakware's patented,
layered, and compliance-driven approach to software self-protection delivers
the trusted environment that the government, enterprise, and consumer markets
require. As a result, Cloakware's software security solutions protect more
than one billion shipped applications and the assets of some of the world's
largest, most recognizable and technologically advanced companies. The company
is headquartered in Vienna, Va., has offices in Ottawa, Canada and the UK, and
regional sales offices throughout the US. For more information, please go to
www.cloakware.com.
(1) Gartner, Inc. "Hype Cycle for Identity and Access Management
Technologies, 2007.", Ant Allan, June 2007